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Jaguar Mining ( (TSE:JAG) ) just unveiled an update.
Jaguar Mining has secured approval from Brazil’s National Mining Agency to restart key mining and processing operations at its MTL Complex, including full operations at the Turmalina mine, metallurgical plant, paste fill plant and filtration unit. The decision, which follows the decommissioning of the problematic Satinoco dry-stacked pile and the commissioning of a new tailings facility, is described by management as a major milestone toward restoring planned gold production levels and underpins the company’s emphasis on enhanced safety and responsible mining. Actual resumption of activities still depends on final clearance from the independent Environmental Emergency Office, but Jaguar expects the Turmalina restart to be a turning point that supports its growth strategy for 2026 and beyond, with potential implications for production volumes and its competitive position in Brazil’s Iron Quadrangle gold district.
The most recent analyst rating on (TSE:JAG) stock is a Hold with a C$7.50 price target. To see the full list of analyst forecasts on Jaguar Mining stock, see the TSE:JAG Stock Forecast page.
Spark’s Take on TSE:JAG Stock
According to Spark, TipRanks’ AI Analyst, TSE:JAG is a Neutral.
The overall stock score is primarily influenced by the company’s strong technical indicators, suggesting positive market momentum. However, this is offset by financial performance challenges, including declining revenues and profitability issues, as well as a negative valuation due to a negative P/E ratio and lack of dividend yield.
To see Spark’s full report on TSE:JAG stock, click here.
More about Jaguar Mining
Jaguar Mining Inc. is a Canadian-listed junior gold mining, development and exploration company operating in Brazil, with three gold mining complexes and extensive exploration ground in the Iron Quadrangle region of Minas Gerais. Its principal operating assets include the MTL complex (Turmalina mine and plant) and the Caeté complex (Pilar and Roça Grande mines and Caeté plant), while the Roça Grande and Paciência complexes have been under care and maintenance pending potential restart plans.
Average Trading Volume: 248,578
Technical Sentiment Signal: Hold
Current Market Cap: C$611.3M
Learn more about JAG stock on TipRanks’ Stock Analysis page.